John Wiley & Sons Non-GAAP EPS of $1.08 beats by $0.11, revenue of $545.7M beats by $5.4M

Jun. 15, 2022 7:40 AM ETJohn Wiley & Sons, Inc. (WLY)WLYBBy: Niloofer Shaikh, SA News Editor
  • John Wiley & Sons press release (NYSE:WLY): FQ4 Non-GAAP EPS of $1.08 beats by $0.11.
  • Revenue of $545.7M (+1.8% Y/Y) beats by $5.4M.
  • FY2023 Outlook: The company anticipates mid-single digit revenue growth at constant currency driven by Research and Education Services; Adjusted EPS performance is expected to be adversely impacted by 35-cents of non-operational items such as higher interest expense, higher tax expense, and lower pension income; Adjusted effective tax rate is expected to be 22% - 23% in FY2023.

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